Are ‘mom-and-pop’ investors pricing out first-time homebuyers? - National | Globalnews.ca
globalnews.caExperts said that wealthy investors with second or third properties are pricing out first-time homebuyers and reducing the overall housing supply in the real estate market.
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Nobody is homeless waiting for a home to be built they can purchase. There isn’t a physical housing shortage.
Are you suggesting that building affordable homes wouldn’t help anyone escape homelessness?
Homeless people aren’t usually the class that can secure a mortgage or have the cash to purchase a home regardless of the affordability of the home.
Right, but you can also rent affordable housing…